Well, it's official: The U.S. is in a recession. Luckily for you, Alexander Boulden is here to let you in on some of his favorite recession-proof plays so you can profit while the rest of the world struggles. [Outsider Club Header]
Aug 29, 2022 By Alexander Boulden for the Outsider Club Recession-Proof Stocks (Picks Inside) Well, it's official... The U.S. is in a recession. Hate to say I told you so. But what is a recession, anyway? Hereâs the official definition from the dictionary before it gets rewritten: two consecutive quarters of negative GDP growth. Don't let anyone tell you otherwise. But for some reason, the White House refuses to admit weâre in a recession, even though that's what the data told us last week. Biden gave a speech from the White House last Thursday after the report came out indicating two quarters of negative GDP growth and said, âThat doesnât sound like a recession to me.â And then story after story came out from the mainstream media trying to ignore the commonly accepted definition. Morningstar wrote this headline: âIf the Q2 GDP Report Is Negative This Week, Is It Really a Recession?â New York Times economist Paul Krugman wrote, âMany news reports [are] saying weâve entered a âtechnical recessionâ â which doesnât exist.â The Twitter response to all this was downright hilarious. Entrepreneur David Sacks wrote, âA lot of people are wondering about the definition of recession. A recession is defined as two consecutive quarters of negative GDP growth if a Republican is president. The definition is far more complicated and unknowable if a Democrat is president.â I don't want to get too political in these pages, but it's hard not to point out this folly. The current administration will never admit that it caused a recession. The #1 Company to Jump-Start a New Era of Nuclear Power Thereâs a brand-new type of fuel thatâs about to usher in the next generation of nuclear energy... And the demand for it is HUGE. Because an entire fleet of smaller, safer, and cleaner nuclear reactors are coming online right now... And they canât operate without this specific fuel, which is the only kind potent enough to power our electric grid 24/7... The U.S. government granted one company the ONLY license to produce it here in America... [Read more about the sole U.S. company producing this fuel right now.]( Hereâs a convoluted definition on the term from the White Houseâs website... What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle... it is unlikely that the decline in GDP in the first quarter of this year â even if followed by another GDP decline in the second quarter â indicates a recession. Donât like the definition of something? Just change the definition. Itâs classic Orwellian doublespeak. Treasury Secretary Janet Yellen calls the recession a âtransition.â According to The Associated Press, she said last weekend, âWeâve got a very strong labor market. This is not an economy thatâs in recession.â She continued to downplay the accepted measurement of a recession, saying the economy is in âa period of transition in which growth is slowingâ and that the slowdown is ânecessary and appropriate.â Just because you have a strong labor market at the moment doesnât mean itâll stay that way. Just wait until the third quarter. Things could get ugly. She got it so unbelievably wrong on inflation that no one is listening anymore. The true problem here is that the people whose only job it is to prevent runaway inflation and a recession arenât very good at their job. Instead of taking ownership for their failures and admitting the truth, they childishly refuse. Luckily for us investors, we can largely brush a lot of this off and keep finding the best ways to play the current environment. Youâll Kick Yourself if You Miss out on This... A few years ago, one of our top analysts, Christian DeHaemer, told me to buy Bitcoin. I didnât do it. And Iâm still kicking myself, because I could have made a 2,528% gain on his recommendation. Now heâs been tracking a major technology breakthrough thatâs about to unleash a $350 billion wave of wealth. He predicts people who get in early have a shot at colossal gains. Donât make the same mistake I did and miss out... [Click here to get the full story on this revolutionary tech right now.]( Recession-Proof Stocks Iâve been pounding the table about high-dividend-paying stocks and exchange-traded funds (ETFs) for more than a year. Here are some of my favorites... - Icahn Enterprises (NASDAQ: IEP), which pays a 15% quarterly dividend.
- Global X Nasdaq 100 Covered Call ETF (NASDAQ: QYLD), which pays a 10% monthly dividend.
- Credit Suisse X-Links Crude Oil Shares Covered Call ETN (NASDAQ: USOI), paying a 15% monthly dividend.
- JPMorgan Equity Premium Income ETF (NYSE: JEPI), which pays 8.35% monthly.
- Invesco KBW High Dividend Yield Financial ETF (NASDAQ: KBWD), paying 10.64% monthly. While the rest of the world struggles with inflation and a recession, you could be printing more money than the Fed every month. You can thank me later. Dude, Where's My Retirement? At the end of the day, many judge a recession purely based on how their 401(k)s are performing. And it's no secret they aren't doing so hot. If you're afraid to check your accounts, it might be time for a [retirement wake-up call](. That's why my colleague Alex Koyfman is spreading the love and teaching his readers how to take back control of their retirement. [Click here]( to grab his [retirement blueprint](Â today. Stay free, Alexander Boulden
Editor, Outsider Club After Alexanderâs passion for economics and investing drew him to one of the largest financial publishers in the world, where he rubbed elbows with former Chicago Board Options Exchange floor traders, Wall Street hedge fund managers, and International Monetary Fund analysts, he decided to take up the pen and guide others through this new age of investing. [Check out his editor's page here](. Follow the Outsiders [Twitter]( | [Facebook]( | [LinkedIn]( | [YouTube]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Outsider Club, Copyright © Outsider Club LLC, 3 E Read Street Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-855-496-0830](tel:/18554960830).